Expansion of Near Surface High-Grade Oxide Mineralization at Rangefront Zone Reinforces Growth Potential at Black Pine Gold Project, Idaho
Globenewswire·2025-10-15 10:00

Core Insights - Liberty Gold Corp. has reported strong results from its ongoing 40,000 meter feasibility reverse circulation drill program at the Black Pine Gold Project in southeastern Idaho, aimed at resource infill, technical compliance, and resource expansion [2][3] Drilling Results - Recent drilling results from 14 holes totaling 2,979 meters confirm the growth of the Rangefront Zone, expanding the near-surface oxide gold zone to over 150 meters wide (north-south) and over 200 meters wide (east-west) [3][10] - Significant drill results include: - 0.41 g/t Au over 41.1 meters in LBP1145 at 45 meters below surface - 0.92 g/t Au over 35.1 meters in LBP1141 - 0.28 g/t Au over 125 meters in LBP1136 - 0.20 g/t Au over 53.3 meters in LBP1141 - 0.37 g/t Au over 71.6 meters in LBP1144 [10][12] Resource Expansion Potential - The newly expanded near-surface oxide gold zone introduces potential changes to mining economics and sequencing strategy, as previously defined in the 2024 Preliminary Feasibility Study [3][10] - The Rangefront area is emerging as a cornerstone growth area for the Black Pine Project, strategically located adjacent to infrastructure and the proposed leach pad [10][12] Future Plans - Additional metallurgical drilling is planned for Q4 2025 to improve coverage of the expanded resource areas for the Feasibility Study [10] - Approximately 50 additional RC and core holes and 15,000 meters of drilling are planned for 2025 [10][12] Historical Context - The Rangefront Area has seen 14,289 meters of drilling completed in 2025, with another 15,000 meters planned, building on the 14,817 meters drilled in 2024, which were not included in the 2024 Preliminary Feasibility Study [12][13] - The currently defined Rangefront Area is a 1,500 x 1,200 x 300 meters thick zone of continuous oxide gold mineralization, with a resource estimate of 1,619,000 Indicated and 296,000 inferred ounces of gold [13]